Prime Securities Ltd. — Regulatory Filings 2021

Nov 22, 2021

Format for disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part A - Details of the Acquisition

Name of the Target Company (TC)	Prime Securities Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with Meridian Investments
the acquirer
Whether the acquirer belongs to Promoter/Promoter group	N 0
Name(s) of the Stock Exchange(s) where the shares of TC are	NSE / BSE
Listed
Details of the acquisition as follows	Number	% w.r.t. total share/voting capital wherever $applicable(*)$	% w.r.t. total diluted share/voting capital of the $TC$ (**)
Before the acquisition under consideration, holding of acquirer
along with PACs of:
a) Shares carrying voting rights	Nil	Nil	Nil
b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/ others)	Nil	Nil	Nil
c) Voting rights (VR) otherwise than by equity shares	Nil	Nil	Nil
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC	Nil	Nil	Nil
(specify holding in each category) e) Total $(a+b+c+d)$	Nil	Nil	Nil
Details of acquisition
a) Shares carrying voting rights acquired	19,00,000	6.12%	5.48%
b) VRs acquired otherwise than by equity shares	Nil	Nil	Nil
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying category) acquired	Nil	Nil	Nil
d) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/ others)	Nil	Nil	Nil
e) Total $(a+b+c+/-d)$	19,00,000	6.12%	5.48%
After the acquisition, holding of acquirer along with PACs of:
a) Shares carrying voting rights	19,00,000	6.12%	5.48%
b) VRs otherwise than by equity shares	Nil	Nil	Nil
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition	Nil	Nil	Nil
d) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/ others)	Nil	Nil	Nil
e) Total $(a+b+c+d)$	19,00,000	$6.12\%$	5.48%

Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / inter-se transfer/encumbrance, etc.)	Preferential Allotment
Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares,	Equity Shares of face value of Rs. 5/- each
Date of acquisition of date of receipt of intimation of allotment of shares / VR/ warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC.	November 17, 2021
Equity share capital / total voting capital of the TC before the said acquisition	2,65,15,325 Equity Shares of Rs. 5/- each
Equity share capital/ total voting capital of the TC after the said acquisition	3,10,65,325 Equity Shares of Rs. 5/- each
Total diluted share/voting capital of the TC after the said acquisition	3,47,00,325 Equity Shares of Rs. 5/- each

Part B $(***)$

Name of the Target Company: Prime Securities Limited

For Meridian Investments

rap

Place: Bangalore Date: November 22, 2021 Name: Designation: Siddarth M Pai Trustee

Notes:

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.